WGN is a little illiquid for my taste and with only has a few years of chart history, it is difficult to chart. Elliott Wave count is unclear. Price needs to break above $1.32 to confirm a new uptrend. A close above that level would also suggest a target of $1.69 – a potential gain of 30% on this week’s close. On the negative side there is no obvious stop loss level with the first being 30% below current price and while price has made a higher weekly peak the preceding trough was a lower trough . The rising price channel (flag) is another concern as price usually falls down, not up, out of rising flags and such a move might fit better with Elliott Wave Theory (Wave 4 can't intrude into the range of Wave 1).
This is a high risk trade where entry needs to be conditional on price making a higher weekly peak.
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WGN is a little illiquid for my taste and with only has a few...
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Last
88.0¢ |
Change
-0.045(4.86%) |
Mkt cap ! $172.6M |
Open | High | Low | Value | Volume |
92.5¢ | 92.5¢ | 88.0¢ | $16.21K | 18.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7725 | 87.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
90.0¢ | 3789 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7725 | 0.870 |
1 | 4 | 0.855 |
2 | 1188 | 0.850 |
1 | 2500 | 0.830 |
1 | 1235 | 0.810 |
Price($) | Vol. | No. |
---|---|---|
0.900 | 3789 | 5 |
0.905 | 900 | 1 |
0.915 | 46 | 1 |
0.925 | 31407 | 1 |
0.930 | 1000 | 1 |
Last trade - 12.22pm 08/08/2024 (20 minute delay) ? |
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